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Unlocking Q2 Potential of Bath & Body Works (BBWI): Exploring Wall Street Estimates for Key Metrics
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Analysts on Wall Street project that Bath & Body Works (BBWI - Free Report) will announce quarterly earnings of $0.24 per share in its forthcoming report, representing a decline of 35.1% year over year. Revenues are projected to reach $1.5 billion, declining 3.3% from the same quarter last year.
Over the last 30 days, there has been an upward revision of 3.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Bath & Body Works metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Geographic Net Sales- Stores - U.S. and Canada' to come in at $1.15 billion. The estimate suggests a change of -3.9% year over year.
Analysts forecast 'Geographic Net Sales- International' to reach $89.54 million. The estimate indicates a year-over-year change of +4.1%.
The average prediction of analysts places 'Geographic Net Sales- Direct - U.S. and Canada' at $258.91 million. The estimate indicates a change of -3% from the prior-year quarter.
Analysts' assessment points toward 'Total Company-Operated Stores - Total Bath & Body Works - Total - Stores (EOP)' reaching 1,928 . Compared to the current estimate, the company reported 1,904 in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Company-operated U.S. Store Data - Total Selling Square Feet' should arrive at 5.50 million. Compared to the current estimate, the company reported 5.09 million in the same quarter of the previous year.
It is projected by analysts that the 'Total Company-Operated Stores - Total Bath & Body Works - Canada - Stores (EOP)' will reach 113 . Compared to the current estimate, the company reported 113 in the same quarter of the previous year.
According to the collective judgment of analysts, 'Total Company-Operated Stores - Total Bath & Body Works - United States - Stores (EOP)' should come in at 1,815 . Compared to the present estimate, the company reported 1,791 in the same quarter last year.
The consensus estimate for 'Company-operated U.S. Store Data - Average Store Size (selling square feet)' stands at 2.85 million. The estimate compares to the year-ago value of 2.84 million.
The collective assessment of analysts points to an estimated 'Total Partner-Operated Stores - Total International - International - Stores (EOP)' of 555 . The estimate is in contrast to the year-ago figure of 501 .
The combined assessment of analysts suggests that 'Total Partner-Operated Stores - Total International - Total - Stores (EOP)' will likely reach 592 . Compared to the present estimate, the company reported 537 in the same quarter last year.
Analysts predict that the 'Total Partner-Operated Stores - Total International - International - Travel Retail - Stores (EOP)' will reach 37 . Compared to the current estimate, the company reported 36 in the same quarter of the previous year.
Over the past month, Bath & Body Works shares have recorded returns of +1.6% versus the Zacks S&P 500 composite's +2.8% change. Based on its Zacks Rank #3 (Hold), BBWI will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Unlocking Q2 Potential of Bath & Body Works (BBWI): Exploring Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Bath & Body Works (BBWI - Free Report) will announce quarterly earnings of $0.24 per share in its forthcoming report, representing a decline of 35.1% year over year. Revenues are projected to reach $1.5 billion, declining 3.3% from the same quarter last year.
Over the last 30 days, there has been an upward revision of 3.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Bath & Body Works metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Geographic Net Sales- Stores - U.S. and Canada' to come in at $1.15 billion. The estimate suggests a change of -3.9% year over year.
Analysts forecast 'Geographic Net Sales- International' to reach $89.54 million. The estimate indicates a year-over-year change of +4.1%.
The average prediction of analysts places 'Geographic Net Sales- Direct - U.S. and Canada' at $258.91 million. The estimate indicates a change of -3% from the prior-year quarter.
Analysts' assessment points toward 'Total Company-Operated Stores - Total Bath & Body Works - Total - Stores (EOP)' reaching 1,928 . Compared to the current estimate, the company reported 1,904 in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Company-operated U.S. Store Data - Total Selling Square Feet' should arrive at 5.50 million. Compared to the current estimate, the company reported 5.09 million in the same quarter of the previous year.
It is projected by analysts that the 'Total Company-Operated Stores - Total Bath & Body Works - Canada - Stores (EOP)' will reach 113 . Compared to the current estimate, the company reported 113 in the same quarter of the previous year.
According to the collective judgment of analysts, 'Total Company-Operated Stores - Total Bath & Body Works - United States - Stores (EOP)' should come in at 1,815 . Compared to the present estimate, the company reported 1,791 in the same quarter last year.
The consensus estimate for 'Company-operated U.S. Store Data - Average Store Size (selling square feet)' stands at 2.85 million. The estimate compares to the year-ago value of 2.84 million.
The collective assessment of analysts points to an estimated 'Total Partner-Operated Stores - Total International - International - Stores (EOP)' of 555 . The estimate is in contrast to the year-ago figure of 501 .
The combined assessment of analysts suggests that 'Total Partner-Operated Stores - Total International - Total - Stores (EOP)' will likely reach 592 . Compared to the present estimate, the company reported 537 in the same quarter last year.
Analysts predict that the 'Total Partner-Operated Stores - Total International - International - Travel Retail - Stores (EOP)' will reach 37 . Compared to the current estimate, the company reported 36 in the same quarter of the previous year.
View all Key Company Metrics for Bath & Body Works here>>>Over the past month, Bath & Body Works shares have recorded returns of +1.6% versus the Zacks S&P 500 composite's +2.8% change. Based on its Zacks Rank #3 (Hold), BBWI will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .